Wednesday, June 22, 2011

TradingBets

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NSENIFTY-Market Heading Towards 5177-60 and 5118-5100,Sell On rallies in any sharp bounce back that can be possible up to 5440-50 only.break below 5120 would create another panic and selling pressure will bring it down to 4970-50
Intraday Trader-Downside Support around 5245,and upperiside hurdle   around 5322 ,break of 5245 would bring 5196-75 and 5160.

BGR-Immediate Hurdle around 455-46 and supoort around 449, sell if break below 449 stock will come down to 439 and 436-432,in b/w 436 can act as minor support.

Axisbank-Initial hurlde around 1248-50 and 1260 ,sell on higher rally can be seen ,down side support around 1235 and 1227

Bomdying-Sell around 346-50 sl 356 tgt 340,below 339-332 -328.

DLF-Sell around 214-215 sl 218.50 tgt 210 -208, break below 208 stock can come down to 200-196
Sell If break and sustain below 208 tgt 203-198
Close below 208 tgt 185 -175.

Infosys & HEROHONDA-looks good for intraday buying 

Patelengg--Break and sustain below 130 stock can come down to 122-112

Polaris-Buy above 172 only tgt 176 and 180 

SBIN-upperiside hurdle around 2175 and down side break of 2120 stock can fall down to 2080-85

Pantaloon-Crossover 290 stock can move up to 295 and 300

TCS-Further Up move can possible only if sustain above 1122 else stock will fall again toward 1090-1082 

IMP DISCLAIMER: Above matter is technical analysis based on & conceived from charts, which are believed to be authentic over long long time. One should think of own risk first before implementing on above analysis. The author won't be liable or responsible for any legal or financial losses made by anybody.

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